JDFB G [2026] No. 7
Notice on Issuing the Implementation Opinions on Further Supporting Financing Loans for Small and Medium-sized Enterprises through Fiscal Interest Subsidies
Attention: all relevant enterprises in this District:
In order to thoroughly implement the spirit of the Several Opinions of the State Council on Further Promoting the Development of Small and Medium-sized Enterprises and the Notice of the Ministry of Finance on Strengthening the Implementation of Fiscal and Tax Support Policies to Promote the High-quality Development of Small and Medium-sized Enterprises, and to effectively alleviate the difficulties and high costs faced by SMEs in obtaining financing, as well as to foster a good business environment, we hereby formulate the Implementation Opinions on Further Supporting Financing Loans for Small and Medium-sized Enterprises through Fiscal Interest Subsidies. You are required to implement them conscientiously.
Finance Bureau of Jing'an District
July 20, 2026
Implementation Opinions on Further Supporting Financing Loans for Small and Medium-sized Enterprises through Fiscal Interest Subsidies
In order to thoroughly implement the spirit of the Several Opinions of the State Council on Further Promoting the Development of Small and Medium-sized Enterprises and the Notice of the Ministry of Finance on Strengthening the Implementation of Fiscal and Tax Support Policies to Promote the High-quality Development of Small and Medium-sized Enterprises, and to effectively alleviate the difficulties and high costs faced by SMEs in obtaining financing, as well as to foster a good business environment, and in the light of the actual circumstances of this District, these Implementation Opinions are hereby formulated.
I. Scope of Support
The precise and effective policy measures shall be adopted to further increase fiscal policy support for law-abiding and creditworthy SMEs that operate in this District (the definition of SMEs are based on the classification criteria set forth in Document MIIT Enterprise [2011] No. 300) ,in accordance with the spirit of the Notice on Strengthening the Implementation of Fiscal and Tax Support Policies to Promote the High-quality Development of Small and Medium-sized Enterprises, and with a focus on the development status of SMEs in this District.
II. Support Content
The special loans for enterprise development, extended by banks operating in Jing'an District shall be subject to the overall management of the District Finance Bureau with respect to the loan quotas. The District Finance Bureau, in consultation with the banks operating in this District, shall arrange budget funds to ensure financial support upon assessment.
The loan term, based on the promissory note date, shall not exceed three (3) years. Within one year after the enterprise has repaid the loan in full and on schedule, the Finance Bureau shall arrange to provide a subsidy at a rate not exceeding twenty percent (20%) of the highest Loan Prime Rate (LPR). The total subsidy amount for the same supported entity under this policy shall not exceed RMB 500,000 (Five Hundred Thousand Yuan). The same loan shall not be eligible for duplication of other fiscal interest subsidy policies of this District.
III. Application Procedure for Subsidies
Banks operating in this District shall promptly submit the list of enterprises that receive special loans as well as the relevant information to the District Finance Bureau. After the enterprise has repaid the loan in full and on schedule, the District Finance Bureau shall review the relevant data provided by the banks and disburse the fiscal subsidy funds directly to the enterprise through a "exemption-from-application” mechanism.
IV. Supplementary Provisions
1. In order to further bolster the synergy between fiscal and financial policies aimed at stimulating domestic demand, the financial products that have been innovated and optimized by financial institutions to support SMEs may be implemented with reference to these Implementation Opinions.
2. These Implementation Opinions shall take effect as of May 23, 2026, and shall remain valid until May 22, 2029.
3. In the event of significant changes in national or municipal policies, corresponding adjustments shall be made, and the policies of the State or Shanghai Municipality shall prevail. These Implementation Opinions shall be interpreted by the District Finance Bureau.